TECH FOR TROOP

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

JEFF VITTONE

Phone

8043604490

Tax Period

2023-01-01 to 2023-12-31

TECH FOR TROOP, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $833K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $740K left a modest 11% surplus.

Mission

TECH FOR TROOPS IS DEDICATED TO EMPOWERING VETERANS AND THEIR FAMILIES WITH COMPUTERS SKILLS, AND INFORMATION TECHNOLOGY (IT) WORK FORCE TRAINING BY COLLECTING USED TECHNOLOGY THAT WOULD USUALLY END UP IN LANDFILLS, THEN REFURBISHING THE LAPTOPS AND OTHER DEVICES.

Program Service Accomplishments

Program 1

Expenses: $556,451 Revenue: $520,337

RECEIVE USED COMPUTER EQUIPMENT, REFURBISH IT TO PUT IT BACK INTO USE BY GIFTING TO IN NEED VETERANS AND THEIR FAMILIES OR SELLING IT AT A VERY LOW COST TO VETERANS OUTSIDE OF THE RICHMOND, VA AREA. WE ALSO SELL COMPUTER PARTS AND RESPONSIBLY RECYCLE COMPUTER SCRAP KEEPING IT OUT OF THE LANDFILL.

Program 2

PROVIDE COMPLETE 100% DATA DESTRUCTION TO CORPORATIONS AND INDIVIDUALS WHO ARE CONCERNED WITH DATA SECURITY.

Program 3

PROVIDE ON-THE-JOB, CLASSROOM TRAINING FOR VETERANS, PROVIDING COMPUTER LITERACY, JOB SKILLS AND BUSINESS CONNECTIONS FOR A CAREER OR JOB.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $224,476

Program Service Revenue $520,337

Investment Income $0

Other Revenue $87,992

TOTAL REVENUE $832,805

Expense Breakdown

Grants Paid $0

Salaries & Benefits $468,629

Fundraising Expenses $78,877

Program Expenses $556,451

Other Expenses $270,961

TOTAL EXPENSES $739,590

Year-over-Year Comparison

	2023	2022	Change
Revenue	$832,805	$579,196	+0.4%
Expenses	$739,590	$698,687	+0.1%
Net Income	$93,215	$-119,491	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF VITTONE	CHAIRMAN	3.50	Officer Director	$0	$0	$0
VIKI ARMENTROUT	SECRETARY	6.00	Officer Director	$0	$0	$0
ANTHONY NIENABER	DIRECTOR	3.00	Director	$0	$0	$0
JEFFREY BEAUDOIN	DIRECTOR	3.50	Director	$0	$0	$0
RICHARD FLEMING	DIRECTOR	3.50	Director	$0	$0	$0
CAROLINE PETERS	DIRECTOR	3.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$832,805	$739,590	$434,625	$93,215
2022	$579,196	$698,687	$340,927	$-119,491
2021	$496,990	$563,563	$370,247	$-66,573
2020	$1,019,455	$886,573	$502,935	$132,882
2019	$441,087	$395,741	$219,854	$45,346
2018	$215,860	$343,379	$183,741	$-127,519